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Sold for $509,900 on 10/29/24
  • $509,900

    640 Red Bud Ln, Gatlinburg, TN 37738

    1beds
    720sqft
    Single Family Residence
    Built in 1955
    4,791.6 Square Feet Lot
    $509,000 Zestimate®
    $708/sqft
    $1,381 Estimated rent

    What's special

    Step into the charming ambiance of this 1-bedroom, 1-bathroom turn-key cottage, perfectly nestled in a prime downtown Gatlinburg location, just 1/4 mile from the main strip. This delightful retreat is not only fully furnished with tasteful decor but also features a kitchen equipped with stainless steel appliances and granite countertops. The design of the home emphasizes openness, allowing for good flow throughout the space and a gas fireplace to cozy up by on those cold winter nights. Outside, the large private deck is a true highlight, complete with a covered hot tub for year-round relaxation. The yard offers privacy and includes a fire pit for memorable evenings under the stars. This home offers peace and seclusion as it is uniquely positioned with no future construction allowed behind it as it backs directly onto the Great Smoky Mountains National Park. Praised by couples as an ideal mountain getaway, this property has consistently proven its worth, grossing $78,730 in 2023 with $68,873 already on the books for 2024, putting it on track to surpass last year's income. With 119 glowing reviews on Airbnb and easily accessible without steep roads, this cottage represents a lucrative investment opportunity and a peaceful escape that guests love, making it a standout offering in the bustling heart of Gatlinburg.

    Zillow last checked: 7 hours ago

    Listing updated: October 30, 2024 at 01:10pm

    Listed by:

    Madeline Blom 865-924-3240,

    Real Broker

    Bought with:

    Karen Chenaille, 358817

    eXp Realty, LLC 7720

    Source: GSMAR, GSMMLS,MLS#: 303160MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    Primary bedroom
    • Level: Second
    Primary bathroom
    • Level: First
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Dryer, Electric Cooktop, Microwave, Microwave Range Hood Combo, Refrigerator, Self Cleaning Oven
    • Laundry: Laundry Closet
    Features
    • Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Kitchen Island, Walk-In Shower(s)
    • Flooring: Hardwood, Tile
    • Basement: None
    • Number of fireplaces: 1
    • Fireplace features: Gas Log
    Interior area
    • Total structure area: 720
    • Total interior livable area: 720 sqft
    • Finished area above ground: 720
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Driveway, Gravel
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Deck
    • Exterior features: Lighting, Rain Gutters
    • Pool features: None
    • Fencing: None
    Lot
    • Size: 4,791 sqft
    • Features: City Lot, Wooded
    Details
    • Parcel number: 126F A 004.00
    • Zoning: R2

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1955
    Details
    • Warranty included: Yes

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Internet Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Gatlinburg
    • Subdivision: None

    Other

    Other facts
    • Listing terms: 1031 Exchange,Cash,Conventional,Special Funding
    • Road surface type: Gravel
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $509,000
    2% more+ $10,180
    With Zillow Showcase(estimated)
    $519,180